NOT LISTED FOR SALE

2520 E Stop 10 Rd Indianapolis, IN 46227

Estimated Value: $224,183 - $260,000

2 Beds
1 Bath
780 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $125,000 $160 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,786/month

22 Days on Market

About This Home

As of July 2017

Perfect double for investor or someone that wants to create income with living on one side and renting the other. Just remodeled with new paint, carpeting & more. You do not need to put any $$$ into rehab., Fenced in yard in a quiet back yard with green space. Comes with stove and refrigerator. Home is walking distance to Southport Elementary School.

Last Agent to Sell the Property

Bob Heck

Property Plus Realty, INC Listed on: 05/31/2017

Last Buyer's Agent

Norman McClain

McClain Ventures, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491517122021000513

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx, Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1967
  • Lot Size Acres: 0.272
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Perfect double for investor or someone that wants to create income with living on one side and renting the other. Just remodeled with new paint, carpeting & more. You do not need to put any $$$ into rehab., Fenced in yard in a quiet back yard with green space. Comes with stove and refrigerator. Home is walking distance to Southport Elementary School.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1560
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 134900

Garage/Parking

  • Unit Parking: Covered

Utilities

  • Solid Waste: 1
  • HVAC: 6 years

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491517122021000513
  • Acres: 1/4-1/2 Acre
  • Lot Information: Curbs
  • Lot Number: 0
  • Lot Size: 11,848

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3372
  • Semi Annual Property Tax Amt: 1686
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2019
Sold by
Stephen Aaron L and Stephen Farrah D
Bought by
Stephen Property Group
Current Estimated Value
$242,394

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 14, 2017
Sold by
Robert S
Bought by
Aaron L
Seller's Agent
Bob Heck
Property Plus Realty, INC
Buyer's Agent
Norman McClain
McClain Ventures, LLC
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Jan 21, 2014
Sold by
Heck Robert S
Bought by
Heck Robert S and Heck Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,088
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Heck Roebrt S and Heck Pamela J
Bought by
H & H Property Investments Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stephen Property Group -- None Available
Aaron L $125,000 --
Stephen Aaron L $125,000 Chicago Title
Heck Robert S -- Title Express Inc
Heck Robert S -- Title Express Inc
H & H Property Investments Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephen Property Group Inc $200,000
Closed Stephen Property Group Inc $200,000
Previous Owner Heck Pamela J $88,088
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $125,000 -7.3% $160 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $134,900 -- $173 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,584 $220,100 $12,100 $208,000
2023 $5,584 $213,300 $12,100 $201,200
2022 $5,088 $192,700 $12,100 $180,600
2021 $4,255 $158,000 $12,100 $145,900
2020 $4,083 $150,700 $12,100 $138,600
2019 $3,810 $139,600 $11,000 $128,600
2018 $3,640 $135,000 $11,000 $124,000
2017 $3,694 $137,100 $11,000 $126,100
2016 $3,496 $129,300 $11,000 $118,300
2014 $2,925 $120,600 $11,000 $109,600
2013 $2,847 $112,900 $11,000 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21488623

MIBOR Broker Listing Cooperative®

APN: 49-15-17-122-021.000-513